Peter Lynch, known for his exceptional management of the Fidelity Magellan Fund, delivered astonishing annual returns of 29.2%, surpassing the S&P 500. His investment philosophy emphasizes value investing, which propelled him to become a bestselling author, including 'One Up on Wall Street'. Lynch's insights stress the importance of patience in investing, highlighting that the potential gains vastly outweigh the risks. He famously stated that the mathematics of stock investing is simple, making it accessible to everyday investors who follow his advice.
If you invest $1,000 in a stock, all you can lose is $1,000, but you stand to gain $10,000 or even $50,000 over time if you're patient.
All the math you need in the stock market you get in the fourth grade.
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